Getting it right first time: Buying property in Florida
The Real Estate Option 
Torcana have always believed in the simple principals of property investing: purchasing in the best location your money will get you, buying at the bottom rather than the top of the cycle, crunching the numbers properly and carefully understanding what due diligence is necessary and how to do it.
Over the long term, real estate that adheres to these principals has proven to be a strong wealth preserver, a steady income earner and a smart hedge against local inflation. I´m not suggesting that a large proportion of your wealth should be spent on property. However I certainly think it can safely be considered as a valuable addition to a balanced portfolio.
Our track record
My colleagues and I have been active in the distressed real estate market in Florida ever since it first appeared.
Despite the knowledge built up over this time we continue work extremely closely with established partners who grew up here, know the industry inside out and have a lifetime of experience to draw from.
Our patient readers and subscribers have been peppered with blogs and newsletters highlighting the latest trends and statistics relating to buying property in Florida. Monthly sales figures illustrate that buyers have been relentlessly snapping up inventory at record low prices and at a pace exceeding the boom times of 2005 and 2006. Demand is way ahead of supply.
An inevitable consequence of this is that quality inventory is very tight and prices are rising in some sectors. Inexperienced buyers are beginning to lower their standards and are making the same old mistakes all over again - i.e. buying in the wrong place at the wrong price and failing to carry out essential due diligence.
Getting it right first time
It doesn't have to be this way - getting the important aspects of purchasing real estate right is not rocket science. The most important thing to remember is that future investors are not your exit strategy. Investors are certainly active now but they will probably be dormant, selling or buying somewhere else in the future.
Owner occupiers, first time buyers and second home owners are your future buyers and that´s who you need to keep in mind when you´re purchasing now. Figure out what these people want and you won´t go far wrong.
Torcana has spent years refining the process where the properties we select adhere to both what an investor wants (wealth protection, income generation, inflation hedge) and what a future home buyer will want (great schools, solid infrastructure, low crime rate, recreational activities, realistic access to bank finance and a well maintained and funded local community).
Over the past three weeks we´ve been working very hard behind the scenes on yet another great value Florida investment that adheres to this formula - i.e. it matches the requirements of both an investor today and a local buying property in Florida tomorrow.
It is called Cobblestone at Eagle Harbor. It´s quite special and this is what you need to know:
Kind Regards
Colin Murphy
For full details on the real estate offered by Torcana Ltd please visit www.torcana.com